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Investment Highlights

  • Multiple retail spaces available from 1,330 SF to 16,940 SF, plus outlot development opportunity.
  • Convenient access to Dan Ryan Expressway and 0.3 miles from Metra station at 87th Street.
  • Dense urban trade area with strong population and daytime employment base.
  • Anchored by Nike, Kids Foot Locker, DTLR, Chase, and AT&T, with Discover Customer Care Center nearby.
  • Multiple drive-thru opportunities available for QSR and service-oriented tenants.
  • High visibility along 87th Street and Cottage Grove Avenue with significant traffic counts.

Executive Summary

Chatham Village Square is a neighborhood shopping center located at 87th Street and Cottage Grove Avenue in Chicago, Illinois. The property includes multiple retail spaces and an outlot development opportunity. It is positioned near major transportation routes, including the Dan Ryan Expressway, and is within walking distance of a Metra station. The center is anchored by national retailers and is adjacent to a large office user employing over 1,000 people. The site offers surface parking and multiple access points from surrounding streets.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 6.80 AC
Year Built 2000
Zoning PD 702

1 Lot Available

Lot

Lot Size 6.80 AC

Proposed outlot development of +/- 1 acre with the ability to accommodate a drive-thru.

Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
20-34-413-066-0000
Land Assessment
$1,014,850 CAD
Improvements Assessment
$284,355 CAD
Total Assessment
$1,299,205 CAD
  • Listing ID: 39605903

  • Date on Market: 2026-02-27

  • Last Updated:

  • Address: 87th & Cottage Grove Rd, Chicago, IL 60619

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